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Staff Writer

Staff Writer
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Bahrain’s Al Salam Bank launches ASB Capital in DIFC

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Al Salam Bank, Bahrain’s largest Islamic bank, has announced the launch of ASB Capital, a Category 3A asset management firm licensed by the Dubai...

Bahrain’s NBB begins proceedings in potential merger with Bank of Bahrain...

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National Bank of Bahrain (NBB), which began to explore a potential merger with the Bank of Bahrain and Kuwait (BBK) earlier this year, has...

ADIB appoints Mohamed Abdelbary as Group Chief Executive Officer

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Abu Dhabi Islamic Bank’s (ADIB) Board of Directors announced the appointment of Mohamed Abdelbary as Group Chief Executive Officer effective immediately.    Mohamed Abdelbary has...

Citi appoints Vineet Vetts as Head of UAE Citi Commercial Bank

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Citi announced the appointment of Vineet Vetts as Head of Citi Commercial Bank (CCB) for the United Arab Emirates, effective early November 2024. Vineet will...

Saudi Arabia exceeds HQ target with 540 international firms in Riyadh,...

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Saudi Arabia attracted 540 international companies to establish their regional headquarters in Riyadh, ahead of a 2030 target of 500, according to Khalid Al-Falih,...

Revolut hires Ambareen Musa as its UAE CEO

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Ambareen Musa announced that she has joined Revolut as its UAE CEO. She has been an entrepreneur and CEO in Dubai for over a decade;...

PayTabs appoints Mohamad Abbas as Chief Sales & Operations Officer 

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PayTabs Group announced the appointment of Mohamad Abbas as Chief Sales & Operations Officer. With over 22 years of experience in sales, business development,...

Arcapita names Hisham Al Raee as new CEO

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Arcapita announced that Hisham Abdulrahman Al Raee, Founding Partner and Deputy CEO, will assume the role of CEO from 1st January 2025. Atif Abdulmalik...

MENA’s top earners in investment banking fees for first 9 months...

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An estimated $1 billion in investment banking fees were generated in the Middle East and North Africa during the first nine months of 2024,...

HSBC splits East and West in revamp, appoints first female CFO

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HSBC merged some operations and split its geographic footprint into East and West in a sweeping restructuring under new CEO Georges Elhedery that also...
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